The NAGA Group AG announced a private placement of common shares for gross proceeds of approximately 22,700,000 on September 16, 2021. The transaction includes participation from new investor, Apeiron Investment Group Ltd. and individual investor, Igor Lychagov. The investors have joined as strategic and long-term investors.
Post-closing of the capital increase and acquisitions from existing shareholders, Apeiron Investment Group Ltd. will hold approximately 22% stake in the company. The transaction is subject to regulatory approvals. Post-closing Christian Angermayer from Apeiron Investment Group Ltd. will join as member of the supervisory board of the company.